– as local firm secures franchise for Staybridge Suites

ROY Bassoo Snr., Managing Director of Bassoo Construction Company, has announced that his firm has secured the franchise for Staybridge Suites under the InterContinental Hotels Group (IHG).

The announcement was made during his address at the commissioning of the Courtyard by Marriott at Timehri, East Bank Demerara.
IHG is one of the world’s leading hotel companies, operating over 6,000 properties across more than 100 countries, and is known for delivering exceptional and authentic hospitality.
Bassoo said the project aligns with national efforts to strengthen Guyana’s economy, generate employment and develop a world-class hospitality and tourism sector.
“Lease for the land has been secured along the Heroes Highway, near the oil-and-gas hub, with construction of this 130 suites hotel set to commence in early 2026,” he stated.
“I would like to now call on my fellow investors, both big and small, let us seize this gilded opportunity. Never before has it been so promising to do business in Guyana, where your investments are secure and protected,” he added.

Over the past five years, Guyana has welcomed several internationally branded hotels to its shores, some of these include Four Points by Sheraton and Aiden by Best Western among several others.

The impact of these new hotels on Guyana’s tourism industry is expected to be substantial. With an increase in high-quality accommodation options, the country is likely to attract a broader range of international visitors, including business travellers and luxury tourists.

Moreover, the influx of international hotel brands is anticipated to bring global standards and practices to Guyana’s hospitality sector. This could lead to improved service quality across the industry and provide valuable training opportunities for local staff, thereby enhancing the overall tourism experience in the country.